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There are multiple criteria which must be met in order to qualify for access to the Patent Box. It can only be accessed by companies that are headquartered in the UK and where the main research and development nexus is also within the UK.

If your business qualifies, you could benefit from a significant discount on corporation tax in relation to the profits derived from the patented invention. What is more, if your patented technology only contributes to one small element of a wider product, you may qualify for the tax exemption on the value of the product as a whole. In this respect, the Patent Box can be a very generous benefit and which makes it popular for innovative companies looking to manage their tax exposure in the UK.

 

Patent Box - the Keltie difference

Our attorneys have witnessed first hand how the Patent Box system successfully stimulates innovation. In spite of this , many innovative British businesses are not using it. Whilst awareness of similar initiatives such as R&D tax Credits is high, awareness of the Patent Box is still relatively low - as of 2021 it is estimated that a majority of companies involved in innovating in the UK are not accessing the scheme.

 

Keltie offers comprehensive audits of your technology and technology processes, to help determine whether or not you are generating the kind of innovations that might enable you to qualify for the Patent Box.

 

This where we add value - by getting involved in the earliest stages of planning and developing an innovation, we can help access and unlock the benefits of the scheme. Our experienced attorneys will advise on whether Patent Box considerations should be built into your intellectual property strategy and portfolio, so you can capitalise on the value of your innovations.

 

Contact our skilled patent attorneys today to find out whether your innovation could enable you can start enjoying the benefits of the Patent Box.

Continue reading about Patent Box
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Using patents for AI innovation to reduce UK corporation tax

01.06.2023

Using patents for AI innovation to reduce UK corporation tax

As the UK corporation tax rate rises from 19%-25%, this article sets out how the Patent Box system can be used to reduce this rate, and why the Patent Box is a particular incentive to file patent applications to AI innovations.

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Leading the way in life sciences IP: Q&A with Laura Kehoe

27.08.2025

Leading the way in life sciences IP: Q&A with Laura Kehoe

Keltie is rated as ‘Outstanding’ in the 2025 WIPR UK Patents Rankings. This ranking recognises the top firms in UK patent law for their expertise, reputation and client service. This is a powerful endorsement of Keltie’s expertise in supporting innovation across a wide range of sectors, including life sciences, chemistry, software and engineering. Keltie’s team has long been known for its collaborative, commercially grounded approach to IP, and this ranking is a reflection of that continued success.

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An interview with Colin Paterson, Partner at Keltie

12.02.2024

An interview with Colin Paterson, Partner at Keltie

We talk to Colin Paterson, who has recently become a Partner at Keltie. Colin discusses his career highlights and learnings as well as the values and principles he feels are most important as a patent attorney.

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SynbiTECH 2025

09.12.2025 - 10.12.2025

SynbiTECH 2025

Keltie is proud to be sponsoring and exhibiting at SynbiTECH 2025. Laura Kehoe, Asawari Churi, and Devanand Crease will be attending, with Devanand speaking on the second day.

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